Archive for 2013

FOREIGNERS USED TO MOCK AMERICANS FOR BEING FAT. Bwahahahaha!

HOW’S THAT HOPEY-CHANGEY STUFF WORKIN’ OUT FOR YA? (CONT’D): Americans have rebuilt less than half of wealth lost to the recession, study says. “The research from the St. Louis Fed shows that households had accumulated net worth totaling $66 trillion at the end of last year. After adjusting for inflation and population growth, the bank found that meant families on average have only made up 45 percent of the decline in their net worth since the peak of the boom in 2007.”

SCIENCE: Russian scientists make rare find of ‘blood’ in mammoth.

An expedition led by Russian scientists earlier this month uncovered the well-preserved carcass of a female mammoth on a remote island in the Arctic Ocean.

Semyon Grigoryev, the head of the expedition, said the animal died at the age of around 60 some 10,000 to 15,000 years ago, and that it was the first time that an old female had been found.

But what was more surprising was that the carcass was so well preserved that it still had blood and muscle tissue.

“When we broke the ice beneath her stomach, the blood flowed out from there, it was very dark,” Grigoryev, who is a scientist at the Yakutsk-based Northeastern Federal University, told AFP.

“This is the most astonishing case in my entire life. How was it possible for it to remain in liquid form? And the muscle tissue is also red, the colour of fresh meat,” he added.

Delicious!

DAVID CAY JOHNSTON’S SENSATIONAL CLAIM ABOUT RUPERT MURDOCH’S INCOME TAXES withdrawn by Reuters after it collapsed. Plus this shocker: “Johnston’s columns frequently get a lot of traction on the left, regardless of their factual bases.”

DEFENSIVE GUN USE: Mother, Son Kill Intruder. “Investigators said Robby Blount kicked in the door of the home around 1 a.m. Thursday, wearing a mask and waving a gun. Deputies said a woman and her son were in the home. One of them called 911, while the other got a shotgun and shot Blount once in the chest, killing him.” More here.

OBAMA’S HUMAN SHIELD: Nick Gillespie: As Anger at Eric Holder Grows, So Does His Value as Obama’s Lightning Rod.

Related: John Fund: Obama’s ‘Chicago Way’: The administration’s political tactics are straight out of the Daley playbook. “The scandals swirling around the Obama administration have many journalists scratching their heads as to how ‘hope and change’ seem to have been supplanted by ‘arrogance and fear.’ Perhaps it’s time they revisit one of their original premises about Barack Obama: that he wasn’t influenced by the Chicago Daley machine. You know: the machine that boosted his career and whose protégés — including Valerie Jarrett, David Axelrod, Rahm Emanuel, and his wife, Michelle — he brought to Washington with him.”

Plus: Ed Morrissey: It’s Time for Eric Holder to Man Up and Step Down.

Also: Andrew Napolitano: If Eric Holder Lied to Congress, He Shouldn’t Be Immune to Consequences: Isn’t the Attorney General bound by the same laws to tell the truth as the rest of us are?

And: Ten Signs A Scandal Isn’t Going Away.

calhounsbridge2

Knoxville, Tennessee. From the cocktail deck at Calhoun’s On The River, last night with Brannon Denning and Ben Barton.

UNDERFUNDED / OVERGENEROUS PUBLIC PENSION PLAN UPDATE: US States’ Pension Bill: $2.5 Trillion.

Two and a half trillion dollars: That’s the most recent estimate for US states’ total unfunded pension liabilities. . . .

Pennsylvania Governor Tom Corbett (R) is one of the Governors leading a charge to change his state’s defined-benefit system to a defined-contribution one modeled on the 401(k). We’re not sure this is the panacea that will finally get “politics out of pensions” for good, as Benefield predicts, but removing the ability of lawmakers to pile on benefit after benefit for years while leaving it to their successors to pay the bills would go a long way toward helping public workers, taxpayers, and state finances.

The big losers in this shift would be public employee unions, who would lose some ability to bargain for better benefits. But what’s bad news for unions isn’t necessarily bad news news for union members, who after all are the ones who suffer most when states and cities can’t afford to pay out pensions as promised.

Indeed.